SquareGuy
2022-05-25

Shares of Wendy’s surged roughly 15% in extended trading Tuesday after a filing revealed hedge fund Trian Partners, its largest shareholder, is exploring a potential deal with the company.

Trian, along with its partners, owns a 19.4% stake in the burger chain and said it was seeking a deal to “enhance shareholder value” that could include an acquisition or merger, according to the filing.

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Comments

  • Susunehneh
    2022-05-25
    Susunehneh
    Warm up comment
  • ee244c
    2022-05-25
    ee244c
    Poised for bigger things?
  • HilaryWilde
    2022-05-26
    HilaryWilde
    Do you think this deal will change the fundamentals of the company?
  • LouisLowell
    2022-05-26
    LouisLowell
    What is Trian trying to do?
  • MortimerDodd
    2022-05-26
    MortimerDodd
    Looks like I need to pay more attention to Wendy.
  • hellrider
    2022-05-25
    hellrider
    Great
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